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Allied Nevada is engaged in
the evaluation, acquisition,
exploration and advancement
of gold exploration and
development projects in
Nevada. The Company has
announced its decision to
reactivate the Hycroft Mine,
which has been under care
and maintenance since 1998
when operations were
suspended due to low gold
prices. A70 hole, 90,000
foot exploration drilling
program is under-way at
Hycroft. The priority and
emphasis of this program is
the evaluation of the deeper
high-grade sulfide potential
and the expansion of the
Brimstone deposit oxide
reserve.
In addition to The Hycroft
Mine,
Allied Nevada is involved in
over 100 exploration properties
located in the state of
Nevada. This prospective exploration land
package is in excess of
220,000 acres in size and is
located in some the most
prolific gold trends in the
state. A number of these
properties are optioned to
others, and Allied Nevada
receives an annual advanced
minimum royalty stream of
approximately $3 million. |
| Hycroft Property |
|
 The
Hycroft Mine is
located in
the Sulfur Mining district 54
miles west of Winnemucca in
Humboldt County, Nevada. The
project encompasses over 20,000
acres including both patented
and unpatented claims. While in
production, The Hycroft Mine produced
over 1 million ounces of gold
(1987-1998) using a surface heap
leaching process.
 Hycroft
Mine Photo Gallery
New!
Hycroft Drill Holes
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